Tech Effect: How Innovation in Oil and Gas Exploration is Spurring the U.S. Economy
By E. Harry Vidas, Vice President, ICF International.
This new ACSF report shows that shale gas and tight oil production will add $167 billion to $245 billion to the U.S. gross domestic product by 2017, and that will deliver 835,000 to 1.6 million new jobs. This is only one of the many ways technological innovations in natural gas and tight oil production are transforming the U.S. economy.
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Full Report
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- Exhibit 1-1 U.S. Map of GDP and Employment Impacts
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- Exhibit 1-4 Domestic Job Impacts of Alternative Uses of Natural Gas
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- Exhibit 2-2: Map of Lower US Shale Plays
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- Exhibit 5-8 U.S. Map of GDP Change in 2017
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- Exhibit 5-9 U.S. Map of Employment Change in 2017
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- Exhibit 6-1: Summary of Change in Impacts
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- Exhibit 4-3 Shale Gas and U.S. Economic Development
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- Exhibit 5-6 Changes in GDP and Employment Impacts
